WALLDORF (dpa-AFX) - SAP AG (SAP) released earnings for first quarter that declined compared to the same period last year.
The company said its earnings dropped to Euro530 million, or Euro0.43 per share. This was lower than Euro570 million, or Euro0.48 per share, in last year's first quarter.
The company said revenue for the quarter rose 11.8% to Euro5.29 billion. This was up from Euro4.73 billion last year.
SAP AG earnings at a glance:
-Earnings (Q1): Euro530 Mln. vs. Euro570 Mln. last year. -Earnings Decline (Y-o-Y): -7.0% -EPS (Q1): Euro0.43 vs. Euro0.48 last year. -EPS Decline (Y-o-Y): -10.4% -Revenue (Q1): Euro5.29 Bln vs. Euro4.73 Bln last year. -Revenue Change (Y-o-Y): 11.8%
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